Profit at Fiat joint venture beats forecasts

Stay connected Subscribe to our RSS feed

Turkish automaker Tofas beat forecasts with a 105 percent rise in 2009 net profit to 360 million lira ($239 million) on sales up 6 percent to 5.10 billion ($3.34 billion.) Tofas had been forecast to make a 293 million lira ($192.2 million) profit. Full story...